514 SE Plymouth WayLeeFL32059
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 514 SE Plymouth Way, Lee, FL, 32059 in Lee at $211,200 earns $1,432/mo in rent and nets $30/mo after the $950/mo payment, a 8.13% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $58,351 over five years. Ziffy Mortgage underwrites this on a 1.51 DSCR without U.S. credit history. With $1,945/yr in principal paydown, total projected return reaches $82,481.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.0% |
| Monthly Cash Flow | $30 | $300 |
City averages based on Lee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,432 |
| Total Monthly Debt Service | $1,318 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2017
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32059, Lee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,321 (100%) |
| Owner Occupied HU | 898 (68.0%) |
| Renter Occupied HU | 184 (13.9%) |
| Vacant Housing Units | 239 (18.1%) |
| Median Home Value | $133,889 |
| Average Home Value | $215,434 |
Housing Distribution
Address Breakdown
Residential
1,246
Single Family
1,246
Multi-Family
0
Businesses
62
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 2017
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32059, Lee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,321 (100%) |
| Owner Occupied HU | 898 (68.0%) |
| Renter Occupied HU | 184 (13.9%) |
| Vacant Housing Units | 239 (18.1%) |
| Median Home Value | $133,889 |
| Average Home Value | $215,434 |
Housing Distribution
Address Breakdown
Residential
1,246
Single Family
1,246
Multi-Family
0
Businesses
62
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices